i just been though a bk, i am now in a divorce,(kinda of a buy one get one deal) i make good money but i still owe alot of people money, taxes, home taxes, child support, old debt, on top of my bills. my credit shot and its all i can do to get from month to month. i work long hours and dont think a second job would work. i just cant get caught up.
2006-06-13 10:05:45 · 7 answers · asked by flatnaturalborngoodtiminman 1 in Business & Finance ➔ Personal Finance
You have to cut out everything that is not essential to living. For a while you may not get to eat out at restaurants, rent videos instead of going out to movies, and eliminate all unnecessary spending. If you have movie channels on your cable or satellite, go to basic only. For a while I could only pay for things that could be turned off or reposessed, and everyone else had to wait. They threatened me with reporting to credit bureaus, but if you already have a bk, so what? Cut up any credit cards you still might have and learn to live within your budget.
2006-06-13 10:16:49 · answer #1 · answered by smartypants909 7 · 0⤊ 0⤋
I would suggest debt consolidation by refinancing your home. This will depend of how much equity you have in your home. Sounds like your divorce is not finalized and that'll be another hurdle to over come. Dealing with divorce and trying to conquer your financial burden is often overwhelming but there is hope. Even with bad credit you may still be able to consolidate your debt and have one manageable payment. Not to mention the tax advantages.
Being a mortgage advisor, I've recently helped a family get out of a financial burden that had them on the brink of losing their home and filing for bk. Their credit was shot and had less then 500 scores. I may be able to help you as well. Feel free to email me at info@adpsac.com
-Gerry
2006-06-13 10:38:02 · answer #2 · answered by G S 2 · 0⤊ 0⤋
If you were just in a bk was it a 7 or 13? In a 7 if it's discharged.. you own nothing! If you filed 13 you may have problems fiding ways to consolidate... be careful or shady credit counselers!
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2006-06-13 16:10:29 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I wear the same shoes as you, only I'm divorced six years ago, and isn't going better since then. I tell you what I will do as soon as I can : I will buy Michael Cheney's Google Adsense videos, with 97$, and I'll try to earn some money with the Adsense. Maybe I'll succeed. At least I can say that I tried. An other thing, the Success University, it's a low fee for start, only 2 $, and they give you a lot of information for that. If you don't like it, you wont continue. You could try Automaticbuilder.com, too, 2,95 $.
And an other thing, nobody pays me for this, I only answered to your question. Good luck.
2006-06-13 10:32:00 · answer #4 · answered by Imi 3 · 0⤊ 0⤋
See if you can consolidate your debt or modify your child support payments. That which you can't consolidate focus on paying off one bill at a time. Why do you still have debt if you filed bk?
2006-06-13 10:08:23 · answer #5 · answered by antieannie 2 · 0⤊ 0⤋
I know there are all kind of answers to this question but all i can say is cut up those credit cards and start cutting out all the minor expenses such as eating out, movie rentals etc. if you can walk to work or ride a bike do it but without know details its really hard to give advice.
2006-06-13 10:11:24 · answer #6 · answered by mars_carl 1 · 0⤊ 0⤋
pay the most important ones IE rent and pay little and often the ones that are less important but need to make the company's aware of the problems after all they just need to know you are going to pay
2006-06-13 10:11:02 · answer #7 · answered by sarah 3 · 0⤊ 0⤋